Tesco drops 300 wines from range and eliminates half price deals

Tesco drops 300 wines from range and eliminates half price deals

Tesco finally unveiled the full extent of their new range and pricing policy at their autumn press tasting in London Tuesday. The stated focus of the retailer is to make the shopping experience ‘simpler, easier and better’. As part of this exercise the range has been reduced from over 950 lines to 650. However, it’s the company’s pricing and promotional strategy for wine, which has seen the biggest impact of radical change.

Global wine production up 2% in 2015

Global wine production is estimated to have increased by 2% in 2015, according to a report by the International Organisation of Vine and Wine (OIV), with Italy once again named the world’s biggest producer having increased its volumes by 10%. Initial estimates presented by the OIV at a press conference this week predict total wine production in 2015 to have reached 275.7 million hectolitres. Italy saw the biggest rise producing 48.9 million hectolitres, up 10% on 2014. Italy was followed by France which produced 47.4 million hectolitres, a rise of just 1% compared with 2014.

The best sparkling wine picks

Is New Zealand the best sparkling wine producer in the “New World”? Based on Cuisine’s tastings of sparkling wines over the years it may well be so. We’ve seen a steady rate of improvement and it hasn’t been limited only to high-priced products. In the latest tasting, all the five and four-and-a-half star wines were from NZ, and so were 12 out of 19 four star wines – many of which were also Best Buys.

Bayer Young Viticulturist on the road to success

Caleb Dennis, Bayer Young Viticulturist of the Year 2015, was handed the keys to his prize from Hyundai last week and now has full use of a Santa Fe for a whole year. This was part of his prize package for winning the tough National Final in Hawke’s Bay at the end of August. “We are extremely grateful to Hyundai for their support and sponsorship,” says Nicky Grandorge, Bayer Young Viticulturist of the Year national co-ordinator.

Art + wine

In partnership with Hunter Valley winery Bimbadgen, the Museum of Contemporary Art Australia (MCA) has announced the release of both a red and white that will form the Bimbadgen MCA Wine Series XV – a 2014 Tempranillo from the Central Ranges Region in NSW and a 2015 Riesling from Orange. This latest series release marks the fifteenth year in a row that Bimbadgen has partnered with the MCA to combine art and wine in uniquely labelled bottles, creating two limited-edition blends with labels by Australian artists from the MCA Collection.

Treasury signs new partnership agreement with Victoria Racing Club

Treasury Wine Estates (TWE) announced today that it has signed a new five-year agreement with the Victoria Racing Club (VRC), signifying the longest commercial partnership in the history of Australia’s premier racing club. The agreement extends the relationship between the two organisations to 43 years, with TWE retaining its rights as Official Wine Partner of the VRC and the Melbourne Cup Carnival. Angus McPherson, TWE’s Managing Director for Australia & New Zealand, said the partnership provides TWE with the perfect platform to engage consumers.

Riverland hosts water worries meeting

The Riverland’s irrigators have been among the world’s best for 60 years at least. As a collective group they have been focused on water use efficiency since the 1960s when the cap on Murray River extractions was first legislated. They have consistently been at the forefront of new water delivery infrastructure and irrigation technology. They have taken responsibility for salinity management with salinity zoning and salt interception schemes.

Pernod Ricard brings wine to life with living house

What started out as a one line brief to bring the story of Stoneleigh wines to life, turned into one of Sydney’s oldest homes becoming a living breathing part of nature. Pernod Ricard’s Stoneleigh brand, in partnership with IPG’s Society and production agency, The Feds, has created a house in Miller’s Point in Sydney that is completely alive. Designed to truly bring wine tasting to life, each of the rooms in the house represents a different wine in the brand’s newly released Wild Valley range.

Prosecco producers seething over draft sales

The DOCG doesn’t like it, but the man behind on-tap sparkling wines says it’s the way forward. The market for Prosecco sold on draft is set to grow significantly over the next five years, according to Frizzenti director Daniel Spinath. In an interview with Wine Searcher, the co-founder of sparkling wine supplier Frizzenti, said that certain types of wine “suited a keg culture – it’s a more natural habitat”.

Italy becomes world’s top wine producer

Italy has knocked France off top spot for wine production in the latest global figures from the International Organisation of Vine and Wine. Global wine production was up 2.0 percent on last year, to 275.7 million hectolitres (Mhl), according to the figures, although the organisation was still waiting for confirmed figures from China and Russia. Italy regained first place, which it lost to France last year, with production of 48.9 Mhl, up 10 percent on 2014.

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